Consumer Economy

Suning generated RMB 3.9 billion in net losses in the past year.

Internet companies have become role models in the battle against extreme levels of hardship.

The coffee brand is pushing digitization and themed stores.

Currently, the firm runs a fleet of more than 70,000 drivers and 200,000 merchants, serving 2 million customers across five major cities in Vietnam.

Bizzy Digital will handle partner acquisition relying on its established network.

ByteDance has increasingly threatened e-commerce platforms such as Alibaba, JD.com, and Pinduoduo as shoppers crave interactive video content and livestreaming.

Tencent’s WeBank also joins the six state-owned banks in the pilot.

Niki, an AI-enabled household manager for small town consumers, helps users order groceries as well as pay utility bills.